MOSCOW, Aug 1- Officials from Russia, Ukraine and the European Union will discuss gas supplies on Sept. 12, the Interfax news agency quoted Russia's EU envoy, Vladimir Chizhov, as saying on Friday, but EU authorities said they knew nothing about the meeting.» Read More
CNBC's Becky Quick has the details on Warren Buffett's bold comments on the Euro and his reinsurance business in India.
Attempts by Germany to renegotiate the structure of the European Stability Mechanism (ESM) just as markets believed things had been settled at the meeting of euro zone leaders last week are an "ominous sign," Simon Derrick, the head of research at Bank of New York Mellon, wrote in a market note.
Warren Buffett told CNBC Thursday that the collapse of the euro zone's single currency is far from "unthinkable." "I know some people think it's unthinkable...I don't think its unthinkable," Buffett said.
CNBC's Guy Johnson and Simon Hobbs take a look at the European financial crisis.
"Crito, we owe a rooster to Asclepius. Please, don't forget to pay the debt." According to Plato, these were the last words of the Greek philosopher Socrates, following his decision to drink poison rather than try and pay off the guards and escape from prison.
Austerity and political longevity are clearly not correlated, following the fall of another euro-zone government.
This was pegged as the summit to end all summits; the end of the euro-zone debt crisis; a clear road map for the future.
German Chancellor Angela Merkel has deeply strained relations with allies in the European Union and the NATO alliance, raising new questions about Germany’s ability to play a global role in foreign policy, the New York Times reports.
European stocks look set to open slightly higher on Thursday despite the resignation of Portugal's prime minister.
The budget presented by George Osborne, Britain's Chancellor of the Exchequer, is pro-growth and the closest to a "free lunch" available to create jobs, which will help the pound.
The events in Europe are finally coming to a head, David Albrycht, executive managing director and portfolio manager of Virtus Investment Partners, told CNBC on Wednesday.
Insight on the Fed's efforts to respond to community banks and a look at Portugal's debt crisis, with David Albrycht, Virtus Investment Partners.
There is no shortage of challenges facing the world today and many investors are frozen waiting for clarity in these times of uncertainty. The problem is, in all likelihood, the world will not settle down any time soon and we will surely continue to see geopolitical shifts and unrest plaguing the investment world. So what are investors to do?
The crisis in Japan following the devastating earthquake and tsunami that killed thousands of people will not have an effect on the European Central Bank's interest rate policy, Manfred Schepers, vice-president finance and chief financial officer for the European Bank for Reconstruction and Development, told CNBC.
Greece will have to restructure its debt, but Spain is out of the woods, according to former European Central Bank Board Member Otmar Issing.
Portugal is at a crossroads that will determine whether it needs to go cap in hand to the European Union's rescue fund for support, according to Barclays Capital.
Police chiefs have told protesters bent on trouble to stay away from Saturday’s mass demonstration in London against government spending cuts, as union bosses predicted a peaceful “family friendly” event, reports the Financial Times.
European stocks are set to open slightly lower on Wednesday ahead of a range of events taking place in the region, the largest of them being the UK Budget and the Portuguese parliament's vote on the government's latest austerity measures.
The German public opinion is increasingly against the idea of paying to save the weaker euro zone periphery member countries, Erik Nielsen, chief European economist at Goldman Sachs, told CNBC.
With Portugal’s main opposition Social Democrats (PSD) announcing they will vote Wednesday against a raft of new austerity measures proposed by Prime Minister Jose Socrates, analysts expect the country will have no choice but to seek a bailout from Europe.